OUNCE LABS AND PARAMOUNT COMPUTER SYSTEMS SIGN PARTNERSHIP AGREEMENT

 

WALTHAM, MA – May 16, 2008 – Ounce Labs™, the industry leader in software risk analysis, today announced that it has signed a Global Alliance Partner program agreement with Paramount Computer Systems LLC, the leading regional provider of solutions  for securing the information assets of enterprises, as a value added distributor for Ounce Labs across the Middle East.

This new partnership brings the world’s leading source code analysis solution to businesses in the  Arabian Gulf region, providing executives, security analysts, developers, auditors and managers with the answers they need to manage the risk created by vulnerable software. Ounce Labs’ patented software risk analysis solution helps developers, IT managers, security auditors and compliance managers to:

  • Quickly identify the most serious security risks: Ounce’s patented analysis capabilities identify the most critical coding errors and design flaws that impact business.
  • Automate workflow to provide actionable information across the team: The industry’s shortest time-to-results streamlines security efforts and bridges the gap between the security experts and the enterprise.  
  • Manage risk across an enterprise portfolio: Centralized dashboards and policy management capabilities allow at-a-glance information about your software risk across the enterprise.

“Our aim is to help our customers in the region manage risk most effectively through the adoption of leading edge security technology like source code analysis,” said Premchand Kurup, Paramount Computer Systems. “Our collaboration with Ounce Labs allows us to deliver the best solution in the market to businesses in the region as they seek to ensure that the critical software they use and develop is secure.”

“We selected to work with Paramount in the Arabian Gulf region because of their strong track record in providing Internet security solutions and their expertise and customer support capabilities,” said David Curran, Vice President of International Sales for Ounce Labs. “Ounce Labs is helping leading companies across the world address a truly universal business need – to secure corporate data assets at the most fundamental level, by hardening the security of the applications that protect them.”

About Paramount Computer Systems
Founded in 1992, transformed in 1999 and re-invented in 2007, Paramount as a company is “Work in Progress.” Paramount is the leading regional provider of Technology and services for securing the Information Security Assets of Enterprises. From the development of a Security Policy, Security Awareness Training, through to the delivery of complete end-to-end solutions that encompass perimeter security, secure content management, Identity and Access Management, Security Vulnerability, Risk, Policy and Compliance Management Arabian Gulf Region, understand , monitor and mitigate the risks in their IT infrastructure.

About Ounce Labs, Inc.
Ounce Labs’ industry-leading source code analysis solutions enable organizations to analyze their applications to identify, prioritize and eliminate software security vulnerabilities. Ounce delivers the accuracy, immediate time-to-value, and automated workflow that large enterprises demand while helping organizations such as EDS, IBM, Intel, Lockheed Martin, MFS, the U.S. Government Accountability Office, Unisys and VeriSign, to strengthen application security and protect confidential information. Ounce also helps organizations to verify compliance with internal policies and industry mandates including PCI DSS, FISMA, HIPAA and others. For more information, please visit www.ouncelabs.com.

Media Contacts:
Peter Crosby
Ounce Labs
781.547.7012
Peter.Crosby@ouncelabs.com
http://www.ouncelabs.com

Brenda Menard
Davies Murphy Group
781.418.2435
ounce@daviesmurphy.com
http://www.daviesmurphy.com

Ounce Labs is a registered trademark of Ounce Labs, Inc. in the United States and other countries. Ounce 5, SmartTrace and SmartAudit are trademarks of Ounce Labs. Other product or service names mentioned herein are the trademarks of their respective owners.

"Security scanners tend to be trigger happy and obtuse, but Ounce Labs offers friendly scanners with fewer false alarms."

SD Times 100